Is There A New DAW Coming From A Major Audio Software Developer?

The Pro Tools Expert team have had several conversations with sources in the last few months, all of them suggesting that a major audio software developer is working on a new DAW.

Whilst there have been various products released in the last 12 months that point towards this possibility we have no concrete evidence to support a complete DAW scenario... but is there a new DAW coming to the market?

Two companies who come to mind who have the technology are Waves and Universal Audio.

Waves launched Tracks Live in 2015 and then more recently the new Waves eMotion LV1 mixer to support their DSP powered DigiGrid range, so they have most of the parts for a DAW ecosystem. Universal Audio have the DSP Apollo hardware and the Console software, all that needs is a DAW to complete a UA DAW ecosystem.

We need to make clear that neither Waves or Universal Audio have spoken of any such thing to us, these suggestions have come from third parties and may be mere speculation.

So what do you think? Do you think a new DAW is coming or not? Do we need another DAW?